Podchaser Logo
Home
Keeping Companies Local with Employee Ownership

Keeping Companies Local with Employee Ownership

Released Friday, 12th August 2022
Good episode? Give it some love!
Keeping Companies Local with Employee Ownership

Keeping Companies Local with Employee Ownership

Keeping Companies Local with Employee Ownership

Keeping Companies Local with Employee Ownership

Friday, 12th August 2022
Good episode? Give it some love!
Rate Episode

As members of the Baby-Boom cohort retire, local business owners are faced with choices about how to transition ownership of their companies.  Too often, the companies are sold to an out-of-state entity and local control and investment is lost, or just as often, the company is closed and jobs are lost to the community.  Jeff Banning just took his company, Banning Engineering, through the ‘employee stock ownership plan’ or ESOP, process as a way of keeping it in Hendricks County.  Jeff joins Debbie Trocha from the Indiana Cooperative Development Center to talk about the process in this podcast.

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features